Markets Down on Fears of Syria Intervention

Concerns about a possible U.S. military strike against Syria slammed Asian markets for a second day. The WSJ's Deborah Kan speaks with Jake Lee.

This transcript has been automatically generated and may not be 100% accurate.

... the the ... he believes not believe ... dollars ... we used chemical weapons ... against defenseless ... men women and children ... should and must be held accountable ... that's the latest statement from U S Vice President Joe Biden on this situation in Syria ... the US France and UK currently will laying the legal groundwork for a strike against the country ... after President ... Bush are all aside ... uses chemical weapons against civilians and ever con joining me now ... is Asia Markets Editor Jake we ... take out of markets certainly are reacting to the situation in Syria would you say we've reached the tipping point ... blitzing it very seriously I know it is taken when the scientists on to price and ... we could start in some forms chopping down Syria from from the web summation ... John Kerry Joe Biden's having very serious about its attention ... on of course what happens then ... investors get worried the stock pushing the will of ... the cello could spread ... getting out of order risky assets in Asia of gold's dying off the coast is just such an essay teasing and spices and safe haven assets to apps and eighty investors taking this very seriously ... my inbox is full of names from the board of the investment bank saying it is just a matter of time wasting but of the film The from the ground some sort of intervention and strikes say this is very serious it's a it's it's the media into as were seen on the Asian markets and the Nikkei especially as ... we do say that afternoon at it it does does actually happen ... it will be that bad because the markets are now pricing in in or ... it could be a could be sued units settle my room upon the fact that suited me not to be a social time trading actually ... price a new role this is gonna be bad news day for the markets of the last in the U S Reid wants is isn't all that so to warn its hands hasn't ... hinted for most of the budget deficit on the snus template haven't gone well with the Iraq Afghanistan that ... will not looking strong that ... um ... and then of course it also comes just as the Fed is talking about winding back its Apple the fine print that said we seen heavy outflows out of emerging markets this disgrace of adds fuel to the fine come to pass on ... that and certainly I know we've reported at the Wall Street Journal but a lot of investors fleeing from emerging markets is this could not ... be a good scenario for emerging markets is ... a city gnawing Philippines down six percent today many of illnesses neighbors in the knees to Thailand's of already suffering from current account deficits ... um would receive the salvation revive chap at least if they lose in one of requests more markets and that just isn't the whole cycle just keeps going people get wary ... of the search for safety ... staff City on on on at the time for the especially vulnerable matching markets in Asia ... okay thanks Fran that's Markets Editor Jake Lee for more on that star a pink added